Brazilian (BOVESPA) Real Estate Industry Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies16
- 7D0.6%
- 3M-1.9%
- 1Y2.3%
- YTD-9.8%
Over the last 7 days, the Real Estate industry has remained flat, although notably Allos gained 3.3%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Brazilian Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | R$46.9b | R$14.5b | R$3.4b | 10.4x | 13.9x | 3.2x |
| Wed, 17 Apr 2024 | R$47.2b | R$15.5b | R$6.1b | 8.1x | 7.8x | 3.1x |
| Fri, 15 Mar 2024 | R$51.6b | R$14.6b | R$6.2b | 8.9x | 8.4x | 3.5x |
| Sun, 11 Feb 2024 | R$46.3b | R$13.2b | R$5.7b | 9.7x | 8.1x | 3.5x |
| Tue, 09 Jan 2024 | R$55.8b | R$14.7b | R$6.1b | 11.5x | 9.1x | 3.8x |
| Thu, 07 Dec 2023 | R$54.6b | R$28.3b | R$6.1b | 10.9x | 8.9x | 1.9x |
| Sat, 04 Nov 2023 | R$52.3b | R$27.8b | R$6.3b | 11.3x | 8.4x | 1.9x |
| Mon, 02 Oct 2023 | R$52.0b | R$14.6b | R$6.2b | 9.5x | 8.3x | 3.6x |
| Wed, 30 Aug 2023 | R$54.7b | R$14.6b | R$6.2b | 10.8x | 8.8x | 3.7x |
| Fri, 28 Jul 2023 | R$55.8b | R$13.8b | R$4.3b | 12x | 13x | 4.1x |
| Sun, 25 Jun 2023 | R$55.3b | R$13.8b | R$4.3b | 10.6x | 12.9x | 4x |
| Tue, 23 May 2023 | R$51.9b | R$12.7b | R$4.2b | 9x | 12.3x | 4.1x |
| Thu, 20 Apr 2023 | R$47.7b | R$13.0b | R$1.4b | 9.7x | 33.7x | 3.7x |
| Sat, 18 Mar 2023 | R$49.3b | R$13.1b | R$1.7b | 8.7x | 29.6x | 3.8x |
| Mon, 13 Feb 2023 | R$43.7b | R$14.7b | R$3.0b | 7.4x | 14.7x | 3x |
| Wed, 11 Jan 2023 | R$43.4b | R$14.7b | R$3.0b | 7.4x | 14.4x | 3x |
| Fri, 09 Dec 2022 | R$43.0b | R$14.7b | R$3.0b | 7.6x | 14.3x | 2.9x |
| Sun, 06 Nov 2022 | R$54.1b | R$14.2b | R$2.8b | 7.4x | 19.2x | 3.8x |
| Tue, 04 Oct 2022 | R$52.8b | R$14.1b | R$2.8b | 8x | 18.9x | 3.7x |
| Thu, 01 Sep 2022 | R$48.4b | R$14.0b | R$2.8b | 8.9x | 17.5x | 3.5x |
| Sat, 30 Jul 2022 | R$46.8b | R$14.0b | R$4.6b | 7.1x | 10.1x | 3.3x |
| Mon, 27 Jun 2022 | R$45.5b | R$13.9b | R$4.5b | 6.5x | 10.1x | 3.3x |
| Wed, 25 May 2022 | R$50.6b | R$13.8b | R$4.5b | 9.4x | 11.2x | 3.7x |
| Fri, 22 Apr 2022 | R$51.8b | R$13.3b | R$4.5b | 9.1x | 11.6x | 3.9x |
| Sun, 20 Mar 2022 | R$54.0b | R$13.8b | R$4.4b | 12.3x | 12.2x | 3.9x |
| Tue, 15 Feb 2022 | R$55.6b | R$11.8b | R$3.3b | 14.7x | 17x | 4.7x |
| Thu, 13 Jan 2022 | R$49.0b | R$11.7b | R$3.1b | 14.3x | 15.6x | 4.2x |
| Sat, 11 Dec 2021 | R$54.9b | R$11.7b | R$3.1b | 15.8x | 17.5x | 4.7x |
| Mon, 08 Nov 2021 | R$54.1b | R$11.2b | R$3.2b | 14.2x | 16.8x | 4.8x |
| Wed, 06 Oct 2021 | R$53.1b | R$11.1b | R$3.7b | 14.5x | 14.5x | 4.8x |
| Fri, 03 Sep 2021 | R$56.4b | R$11.2b | R$3.7b | 15.9x | 15.4x | 5.1x |
| Sun, 01 Aug 2021 | R$64.7b | R$11.2b | R$3.7b | 16.2x | 17.6x | 5.8x |
Price to Earnings Ratio
29.5x
Current Industry PE
- Investors are relatively neutral on the Brazilian Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.9x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Brazilian Real Estate industry?
| BR Market | 0.32% | |
| Real Estate | 0.21% | |
| Real Estate | 0.64% | |
| Real Estate Operating Companies | 0.85% | |
| Real Estate Services | 0.45% | |
| Diversified Real Estate | 0% | |
| Real Estate Development | -1.28% | |
Industry PE
- Investors are most optimistic about the Real Estate Operating Companies industry, which is trading close to its 3-year average PE ratio of 15.7x.
- Analysts are expecting annual earnings growth of 20.5%, which is higher than its past year's earnings decline of 22.1% per year.
- Investors are most pessimistic about the Real Estate Development industry, which is trading below its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Real Estate Development industry, expecting annual earnings growth of 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 48% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ALOS3 Allos | R$21.89 | 2.4% +R$287.6m | 4.6% | PE23.9x | |
| MULT3 Multiplan Empreendimentos Imobiliários | R$24.08 | 1.7% +R$238.3m | -10.4% | PE13x | |
| MELK3 Melnick Desenvolvimento Imobiliário | R$4.28 | 4.9% +R$40.5m | 17.3% | PE7.6x | |
| LOGG3 LOG Commercial Properties e Participações | R$22.70 | 1.5% +R$34.1m | 11.5% | PE10.4x | |
| LAND3 Terra Santa Propriedades Agrícolas | R$14.82 | 1.2% +R$16.4m | -46.1% | PE42.6x |